The Citizen reports that ActionSA on Sunday demanded urgent intervention from Department of Employment and Labour (DEL) Minister Nomakhosazana Meth, following damning audit findings that revealed widespread corruption and mismanagement at the Compensation Fund (CF) and Unemployment Insurance Fund (UIF).

In a statement, the political party noted that the Auditor-General of SA (AG) had exposed serious irregularities in the two funds, which manage a combined annual revenue of R46 billion. ActionSA MP Alan Beesley said: “The findings can only be described as a horror show. The Compensation Fund monies exist to protect and support hard-working South Africans in times of need, yet they have been turned into slush funds for fraud and maladministration. The dignity of our nation’s workers is being systematically stripped away by those entrusted to safeguard their welfare.” The Compensation Fund, responsible for providing compensation to employees for work-related injuries and diseases, has received disclaimer audit opinions for 12 consecutive years. According to the AG’s Bulelwa Sikweyiya, this points to a fundamental breakdown in internal controls. Beesley also expressed frustration that the UIF has reportedly failed to submit timely financial statements and received qualified audit opinions for five consecutive years. ActionSA called on the AG to exercise the full powers of the Public Audit Act, including issuing certificates of debt against those who have failed to take remedial action.

• Read the full original of the report in the above regard by Enkosi Selane at The Citizen

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